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cp-household-debt-ratio-q1-2023
CHART - Canadians have less cash to spend even as they are taking on more debt, Statistics Canada reported Wednesday, at a time when interest rates are the highest they've been in decades. On a seasonally adjusted basis, household credit market debt as a proportion of household disposable income rose to 184.5 per cent in the first quarter, up from 181.7 per cent in the fourth quarter of 2022, the agency said Wednesday. The figure translates to $1.85 in credit market debt for every dollar of household disposable income.; THE CANADIAN PRESS/Sean Vokey
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cp-household-debt-ratio-q1-2023
Source name:
The Canadian Press
Unique identifier:
CP167302971
Legacy Identifier:
c1200291194
Type:
Graphics
Size:
1 page 124.94 KB
Print dimensions
from 8.89 x 6.94 in to 8.89 x 6.94 in